Question
Indian Renewable Energy Development Agency (IREDA) was
established in ?Solution
It was set up in 1987 as a specialised non-banking finance agency for the renewable energy sector.
Determine the value of 'K' if an investment of Rs. 30,000, made under a simple interest scheme at an annual rate of 18%, yields an interest amount of Rs...
'Fatima' deposited Rs. 6,500 in a SIP at simple interest of 10% p.a. If she earned Rs. 3,900 as interest, then find the duration (in years) for which th...
If the ratio of the sum invested and simple interest received after 1 year is 20:13 respectively, then find the rate of interest.
Kajal invested Rs. (y+2000) on compound interest at the rate of 18% per annum compounded annually in scheme P. She invested Rs. ‘y’ on 20% per annum...
Aman invested Rs. 'a' and Rs. (a + 2300) in SIP 'P' and 'Q', respectively, in a way that the amounts received from both SIPs after 2 years are equal. If...
Rs. 10000 when invested at simple interest of r% p.a. amounts to Rs. 12000 in 24 months. If the same sum had been invested for 1 year at compound intere...
The ratio of the sums invested by ‘X’ and ‘Y’ in SIP ‘M’ and ‘N’ is 7:4, respectively. If ‘X’ invested Rs. 6300 more than ‘Y’, t...
A man invested ₹40,000 in two schemes A and B offering simple interest at the rate of 8% per annum and 10% per annum respectively. If the total intere...
Mr. X invested Rs. 1200 in two schemes, A and B in the ratio of 7:3, respectively. Scheme A and B are offering simple interest at rate of 9% per annum a...
An investment of Rs. 9,600 at an annual interest rate of 'R' percent for three years yields a simple interest of Rs. 5,760. Calculate the compound inter...
Relevant for Exams:
